Semiconductor Superiority Act

Key Points

• This bill allows companies to claim a special tax credit for building and operating computer chip factories in outer space. This includes facilities that orbit the Earth.
• The tax break covers the costs of the factory and the equipment needed to run it. It also includes the cost of living quarters for workers in space and the vehicles used to move supplies between different locations in space.
• To qualify for the money, the equipment must be launched from the United States. The bill makes it clear that the rockets used to launch the equipment from Earth into space do not count for this specific tax credit.
• This policy aims to help the United States stay ahead in technology. Making computer chips in the environment of space might allow for new designs that are not possible to build on Earth.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.